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Online and in store, Ulta Beauty soars in Q3
Ulta Beauty shows no signs of losing its momentum as the chain reported a strong quarter and raised its full-year outlook for the third time this year.
Ulta’s performance was impressive, both in brick-and-mortar and online where its sales jumped nearly 60%.
Ulta’s net income surged 23.2% to $87.6 million in the third quarter, up from $71.1 million in year ago period, amid strong sales.
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Beauty retailer on fast track
The fast-growing NYX Cosmetics has opened a store at Brea Mall in Brea, Calif.
The Los Angeles-based cosmetics brand opened its first brick-and-mortar location in 2015. It currently operate 23 locations throughout the United States.
Menemsha Solutions provided both architecture and construction for the new store.